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Results (10000)
Clayton Crawford My greatest deal is slipping away!!
22 August 2017 | 5 replies

I'm having serious trouble getting a loan. I have a property under contract. It looks like this.\purchase price = 95k.down payment = 15% = $14,250Renovation = 5KARV = around 140KClosing is around 5k. The bank (well Fa...

Ows News Impossible to Succeed
22 July 2007 | 7 replies

I think it is impossible to succeed in Bankruptcy Auction. The banks agent will always bid what the loan value that the bank is currently on the hook for. Has anyone been able to go to an auction and ACTUALLY made mon...

Jasper Cangelosi Buying my Fathers multi-unit apartment building
29 January 2019 | 17 replies

My dad has been talking about selling his small 16 unit apartment building, we both have decided that I will take over the complex and he would even owner finance to keep it in the family. Is there a good way to make...

Jarrod English Lease Option House With Basement Suite
4 January 2016 | 16 replies

Hello all,I've been flirting with the idea of a lease option as it would be a good way to earn some upfront cash via the deposit and make a small profit on my home.  I was under the impression that a fixed price for t...

Vanessa Allen 1033 exchange question
27 February 2021 | 12 replies

After fighting a privately owned utility for 4 years, having condemnation filed against me, and countless other acts of harassment etc... I settled with the utility.  The land taken is a 50 foot wide NG easement acros...

Parker Fairfield Sell 1 motel, 1031 reinvest into several other properties?
28 November 2022 | 1 reply

@Dave Foster wrote a good reply to a different thread... I'm looking for clarity AND more advice30,000 foot overview-I bought a small motel in summer of 2017 for $435,000 ($135k down, $300k mortgage).Invested addition...

Dalton Osmanski Not using a Qualified Intermediary in a 1031 Exchanges
15 January 2018 | 11 replies

I have recently come across a situation in which someone sold their investment property and didn't follow all of the 1031 exchange procedures completely ( they received the funds directly after selling their investmen...

Miguel Jauregui 1031 exchange when seller financing is provided
26 July 2017 | 6 replies

This goes out to the CPAs/accountants...if I'm selling a property that will realize capital gains, and I decide to provide seller financing, does the IRS recognize the sale for purposes of the 1031 timeline starting a...

Ryan Thomson House Hacking Loan and Downpayment Options
4 May 2023 | 1 reply

One of the major considerations when buying a home is the down payment. A down payment is the amount of money you pay upfront when purchasing a home. It is a percentage of the home’s sale price, and the rest of the pa...

Jonathan Berry Questions for a CPA - Selling Personal Property and Tax Liability
4 September 2018 | 1 reply

I have what I think is a two-part question.  So here is the scenario and hopefully it makes sense.If someone were coming into money from the proceeds of their primary residence (qualifying within the 3/5 years occupan...